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14 <br /> E. General Requirements <br /> Insurance shall be placed with insurance carriers licensed to do business in <br /> the State of Washington and with carriers subject to approval by the City. <br /> Insurance carriers providing insurance in accordance with this Agreement <br /> shall be acceptable to the City, and shall have an AM Best rating of A: VII or <br /> better. <br /> Prior to the execution of this Agreement, the Owner shall provide the City a <br /> certificate of insurance with additional insured endorsement as evidence of <br /> coverage and have City of Everett, its officers, elected officials, agents and <br /> employees named on its policy as an additional insured. Approval of <br /> insurance is a condition precedent to approval of this Agreement by Risk <br /> Management. All insurance shall be placed with insurance carriers licensed <br /> to do business in Washington State and with carriers subject to approval by <br /> the City. <br /> The City maintains the right to receive a certified copy of all insurance <br /> policies. The Owner's insurance shall be endorsed to state that coverage <br /> shall not be cancelled by either party, except after thirty (30) days' prior <br /> written notice has been given to the City. <br /> The Owner shall include all subcontractors as insured's under its policies or <br /> shall furnish separate certificates and endorsements for each subcontractor. <br /> All coverage for subcontractors shall be subject to all of the same insurance <br /> requirements as stated herein for the Owner. <br /> The Owner's insurance coverage shall be primary insurance as respects the <br /> City. Any insurance, self-insurance, or insurance pool coverage maintained <br /> by the City shall be excess of the Owner's insurance and shall not contribute <br /> with it. <br /> XIII. CONSTRUCTION SERVICES; PROJECT SCHEDULE <br /> A. Construction Standards <br /> With regard to the Project specified in Exhibit A to this Agreement, the Project <br /> shall be constructed in a good and workmanlike manner, free of deficiencies in <br /> work or materials and free and clear of liens, and shall be subject to the approval <br /> of the City, which approval shall not be unreasonably withheld. <br /> B. State Labor Standards <br /> The Owner shall require that Project construction contractors and subcontractors <br /> pay their laborers and mechanics at wage rates not less than those prevailing on <br /> similar construction in the locality in accordance with Chapter 39.12 RCW <br /> pertaining to payment of state prevailing wages on public works projects. <br /> C. Professional Services <br /> 8 <br /> 84 <br />